Searching for the Right Market Risk Premium

Language: English

Published by AV Akademikerverlag Jun 2012, 2012

3639431898 / 9783639431896

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This item is printed on demand - Print on Demand Titel. Neuware -Revision with unchanged content. The cost of equity is complex to estimate as investors require a premium for bearing risk. Finance experts have for years been dealing with a precise and practice-orientated model to estimate the cost of equity. In 1964/65, Sharpe and Lintner developed the Capital Asset Pricing Model, which is now widely accepted and used in finance practice. According to the CAPM, the cost of equity is calculated by adding a risk premium to the risk free rate. This risk premium includes the market risk premium. There exist several approaches how to estimate the market risk premium. They can be roughly categorized into historical approaches and forward-looking models. This book endeavours to summarize and classify existing models as well as to evaluate their theoretical background, accuracy and practicability. It will present a clear understanding of the market risk premium and the pros and cons of the different calculation methods to conclude on the most appropriate approach to determine the market risk premium. The calculation models are evaluated according to predefined criteria and the most suitable from each category is chosen to be applied to Austria, Germany and the United Kingdom.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 104 pp. Englisch.

Seller Inventory # 9783639431896

Title
Searching for the Right Market Risk Premium
Author
Steffi M. Braun
Publisher
AV Akademikerverlag Jun 2012
Publication year
2012
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3639431898
ISBN 13
9783639431896
Item weight
173 grams
Dimensions
220x150x7 mm

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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